FMP laments lean mortgage market

FMP's rental income grew by a marginal two percent to US$6,6 million.

FIRST Mutual Properties (FMP) says the property sector continues to be constrained by limited mortgage financing, despite notable growth in selected urban areas — primarily driven by private capital recycling and diaspora-led investments.Zimbabwe’s property market is characterised by a dominance of cash buyers, with only a small percentage of transactions being mortgage-based, largely due to…

Subscribe to read full article. Subscribe today

Related posts

Mutapa Gold sticks to production plan

Equity gains lift Datvest fund

Eagle REIT expands development pipeline

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More